14 Read Close, Fernwood, Newark, NG24 3FY is a leasehold flat built between 2003-2006. The property offers approximately 517 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £104,772 , which equates to approximately £203 per square foot. It was last sold on 30 Jun 2005 for £77,950. Since then, the value has increased by £26,822, representing a 34.4% increase, or approximately 1.7% per year.

The current estimated value of £104,772 is:

  • 43.6% lower than the average property price on Read Close
  • 37.6% lower than the average in the NG24 3FY postcode area
  • and 56.3% lower than the average price for Newark as a whole

View sold house prices in NG24 3FY

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
517 sq ft
Tenure
Leasehold
Price (estimate)
£104,772
Price Per sq ft (estimate)
£203
Bedroom Count (estimate)
1 bedroom

EPC Summary

14 Read Close, Fernwood, Newark, Newark And Sherwood, Nottinghamshire, NG24 3FY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 29 Nov 2019.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 15 Jun 2009. The rating of C is unchanged, though the energy efficiency score decreased by 1.3%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NG24 3FY

21 st / 21
Price Rank
38% lower than average
16 th / 18
Size Rank
34% smaller than average
17 th / 18
Price Per Sq FT Rank
5% lower than average

Compared to other properties in NG24 3FY , this flat's estimated value ranks 21th out of 21. Based on price per square foot, it ranks 17th out of 18 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 16th out of 18 properties in its postcode area.

Sale History

Today
£104,772
streetscan.co.uk estimate
+34 %
30 Jun 2005
£77,950
Leasehold

Area Insights

Similar Properties Sold Nearby

19 Read Close, Fernwood, Newark, NG24 3FY
rooms: 3
size: 521 sq ft
sale price: £83,000
sale date: 5 Feb 2016
17 Read Close, Fernwood, Newark, NG24 3FY
rooms: 3
size: 484 sq ft
sale price: £99,000
sale date: 2 Nov 2007
21 Read Close, Fernwood, Newark, NG24 3FY
rooms: 3
size: 538 sq ft
sale price: £90,000
sale date: 19 Oct 2006
16 Read Close, Fernwood, Newark, NG24 3FY
rooms: 3
size: 560 sq ft
sale price: £81,000
sale date: 29 Jun 2005

Data Sources

The property at 14 Read Close, Fernwood, Newark, Newark And Sherwood, Nottinghamshire, NG24 3FY appears once in the Land Registry records, with the transaction recorded on 30 Jun 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Nov 2019. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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